All the Gold ever extracted is 160,000 tons (in 2009) , The American Debt = 14 Trillion Dollars = 1.8 All the Gold ever extracted in Human History !!! The monetary mass in the US is increasing by 15% a year ! Total gold divided by people in the world gives each of us 23 grams
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Tuesday, July 19, 2011

Huge demand for Gold coins coming from Europe

Dominic Schnider, Head Commodity Research at UBS Wealth Management is bullish on Gold and expects the price of Gold to hit $1700 in next 3 months.There is a lot of demand presently taking place in Europe especially on the coin side not ETFs says Dominic people like to change their Fiat money into real hard assets like Gold and Silver ....
Hyper-Inflation To Push Gold price To Double by year end

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

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